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Nomura Securities to Collect DMA Orders from GL Trade’s GLNET

At 01 Apr 2007 12:46:12 in A-Team Delivery Terms, A-Team Free, AMIT-Direct Market Access, AsiaMarketsIT.com    Print Article  Email Article   Full content is free with registration 

Japan’s Nomura Securities has gone live with GL Trade’s front office system to trade JGB futures and options on the Tokyo Stock Exchange on its proprietary desk. Nomura Securities plans to eventually expand the system to handle agency business, collecting DMA orders from GL Trade’s GLNET – its worldwide order routing network – to service its domestic and international clients. Michael Ross, business development director for GL Trade Japan, says “future product deliveries from GL Trade are under consideration”.



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